Understanding the Uniform Relocation Assistance and Real Property Acquisition Policies Act
Explore the key aspects of the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970, designed to ensure fair treatment of individuals affected by federally funded projects. Learn about the acquisition process, URA protections, basic steps to acquisition, and more. Gain insights into notifications, just compensation, and the importance of providing decent housing for displaced persons.
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The Uniform Relocation Assistance and Real Property Acquisition Policies Act Michael Casper, Compliance Manager October 4, 2017
ACQUISITION The Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 To provide uniform, fair and equitable treatment of persons whose real property is acquired or who are displaced in connection with federally funded projects To ensure relocation assistance is provided to displaced persons to lessen the emotional and financial impact of displacement 10/7/2024
ACQUISITION (continued) To ensure that no individual or family is displaced unless decent, safe, and sanitary (DSS) housing is available within the displaced person's financial means To help improve the housing conditions of displaced persons living in substandard housing To encourage and expedite acquisition by agreement and without coercion 10/7/2024
ACQUISITION The Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 49 CFR Part 24 is the government-wide regulation that implements the URA. HUD Handbook 1378 provides HUD policy and guidance on implementing the URA and 49 CFR Part 24 for HUD funded programs and projects. 10/7/2024
5 BASIC STEPS TO ACQUISITION 1. NOTIFY property owner of intention to acquire property 2. NOTIFY property owner & tenants of their URA Protections 3. DETERMINE Just Compensation (FMV) 4. OFFER Just Compensation 5. COMPLETE sale as expeditiously as possible 10/7/2024
Step 1. Notify Property Owner of Intention to Acquire Property This is a PRELIMINARY acquisition notice Notice of Interest or Notice of Intent to Acquire Sample letter available upon request 10/7/2024
Step 2.Notify Property Owner & Tenants of their URA Protections Essential: Send the HUD Brochure with the Notice of Intent! (see Step 1) It s called When a Public Agency Acquires your Property It can be found at the following site: http://www.hud.gov/offices/cpd/library/rel ocation/publications/1041.pdf 10/7/2024
Step 3. Determine Just Compensation Just Compensation = Fair Market Value (FMV) Requires Appraisal and a Review Appraisal Unless simple acquisition < $10,000.00 Qualifications for Appraisers found in URA regulation 10/7/2024
Step 3, Just Compensation (continued) For simple acquisitions < $10,000: Appropriate valuation methodology must be used (tax records, for example) Owner still has right to appraisal For Property Donations: Owner must be informed of appraisal & just compensation rights Waiver must be provided by owner in writing (use HUD Form) 10/7/2024
Step 4: Offer Just Compensation Notice of Just Compensation and Summary Statement This is a written purchase offer Must summarize basis for the offer, including i. Property Description ii. ID of any building, equipment & fixtures included 10/7/2024
Step 5: Complete Sale ASAP Consider community meeting if large # of easements or ROW s are needed Consider Face-to-Face contact Agency must consider owner s viewpoints & may update appraisal as a result All property transfer costs must be paid by agency Deed should be filed at courthouse 10/7/2024
We will monitor your file for List of Acquired Properties Evidence that all Notices were Sent Copies of Any Waivers Copy of Appraisal & Review Appraisal Property Description Closing or Settlement Statement Evidence of Payment Evidence of Property Transfer & Copy of Recorded Deed 10/7/2024
Web Resources http://www.hud.gov/offices/cpd/library/reloc ation/index.cfm http://www.fhwa.dot.gov/realestate/ua/index.htm http://www.hud.gov/offices/cpd/library/reloc ation/publications/1041.pdf ( When a Public Agency Acquires Your Property Brochure) 10/7/2024
Questions: Michael Casper Email: michael.casper@dca.ga.gov Voice: (404) 679-0594 10/7/2024